Goods in transit, f.o.b shipping point, to Spartan Co. from a vendor on December 31, 2019 were received on January 4, 2020. The invoice cost was $50,000 How should Spartan Co. treat theses goods on December 31, 2019? Subtract 100,000 from ending inventory Susbtract 50,000 from ending inventory. O Add 100,000 to ending inventory. O None of the answer choices is correct. O Add 50,000 to ending inventory 13